All Sporting Goods Intelligence articles in Volume 25, Issue 22-23 – Page 4
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Article
Skins wants to invest again
Jaimie Fuller, the majority shareholder of Skins, has taken over temporarily as chief executive of the company after the departure of Nicolas Versloot. The Dutchman, who led the Swiss-based compression brand for about two years, joined Levi's last month as managing director in Southeast Asia, based in Singapore.Versloot's priority was ...
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News briefs
After attacking Reebok over its Walk Ahead RS line, Skechers...
After attacking Reebok over its Walk Ahead RS line, Skechers USA has announced another patent infringement lawsuit related to its Go Walk line. This time, Fila USA is the defendant in the case, filed in the U.S. District Court for the Central District of California. At issue is Fila's Amazen ...
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News briefs
After more than a year of development, Outnorth, the Swedish...
After more than a year of development, Outnorth, the Swedish online retailer, is launching its own private label, Urberg. The idea is to fill price and product gaps rather than the production of a full range of sports clothing. Outnorth wants Urberg to be a stable and durable brand of ...
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News briefs
After eliminating its losses in the German market two years...
After eliminating its losses in the German market two years ago, Zalando announced on Friday that it had finally reached breakeven in terms of operating results (Ebit) for the big Berlin-based online retailer during the second quarter ended June 30. This would compare to a negative margin of 9 percent ...
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Short stops
MD Viper will handle the distribution of Adio's skate and...
MD Viper will handle the distribution of Adio's skate and skate-inspired footwear in Spain
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News briefs
The sale of Adidas to investors around Robert Louis-Dreyfus in...
The sale of Adidas to investors around Robert Louis-Dreyfus in 1993 is one of the cases still to be resolved amid the investigations into the dealings of the former French president, Nicolas Sarkozy. He was held by police for questioning earlier this month in an unrelated investigation into allegations of ...
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Short stops
Adidas has signed an endorsement deal with Andrew Wiggins, the...
Adidas has signed an endorsement deal with Andrew Wiggins, the 19-year-old number one NBA pick by the Cleveland Cavaliers, with a reported guaranteed fee of $2 million a year
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Article
Adidas holds productive discussions with SDI
Adidas said it had reintroduced some unspecified products at Sports Direct stores, after “productive discussions” with the retailer. The two had been at loggerheads since Adidas decided earlier this year to no longer supply Sports Direct with upmarket replica shirts. David Forsey, chief executive of Sports Direct International (SDI), agreed ...
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Article
Nike and Adidas claim World Cup victory
The superb volley shot by Mario Götze with the Nike Magista boot saved the World Cup final for Germany as well as for Nike, which might otherwise have been sidelined by two Adidas teams kicking an Adidas ball on the pitch. Both companies claimed victory that evening and for the ...
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Article
Adidas signs mammoth Man United deal
Manchester United has sealed a technical sponsorship and dual-branded licensing deal with Adidas starting next year at a record price of £750 million (€949.40m-$1,280.15m) for ten years, putting an end to a 13-year relationship with Nike. Adidas justified the eye-popping price tag by stating that it should make £1.5 billion ...
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News briefs
Bill Clinton delivered the keynote address at Skechers' annual global...
Bill Clinton delivered the keynote address at Skechers' annual global conference, which took place in Redondo Beach, California on June 26. The former U.S. president addressed 1,500 Skechers executives, team members and international partners. The theme of the Skechers Global Conference this year was “Innovate to Elevate.” The president's message ...
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News briefs
Adidas Action Sports presented a new outsole for skateboarding shoes...
Adidas Action Sports presented a new outsole for skateboarding shoes in July at the Bright show held in Berlin. The new cold resistant cushioning system, “boost,” is implemented in one new model, available in two different colors from February 2015. The cushioning system was originally used for the snowboarding segment. ...
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Short stops
Joma has signed a contract to act as the technical...
Joma has signed a contract to act as the technical supplier of the Granada CF football team during the 2014/15 season
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Article
Acquisitions and expansion inflate SDI sales
Several acquisitions, expansion into two more European countries and an open dispute with a heavyweight in the industry: all in the same fiscal year for Sports Direct International (SDI), the British and increasingly European sports retailer and supplier, which has again delivered sizable increases in both sales and profit for ...
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Article
Adidas accepts trading on marketplaces
This apparent turnabout comes just as the German Cartel Office has agreed to shelve its anti-trust challenge against Adidas after the company agreed to stop banning sales of its products on third-party internet marketplaces such as Amazon and eBay as well as local platforms such as Rakuten.de, Tatego.de, Hitmeister.de and ...
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News briefs
Accell Group is one of six companies listed on Euronext...
Accell Group is one of six companies listed on Euronext Amsterdam that are going to be allowed to use a new class of Spotlight Options. They will have short-term maturities of one, two or three months. Accell has been listed on Euronext Amsterdam since 1998 and joined the Amsterdam Midkap ...
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News briefs
BSI, the German federation of sporting goods manufacturers, has abruptly...
BSI, the German federation of sporting goods manufacturers, has abruptly ousted its managing director, Adalbert von der Osten, who has served for eight years in the job, with effect from June 30. The official explanation for the decision by the board was differing positions on the development of the federation. ...
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News briefs
Lino Dainese is reportedly planning to sell between 70 and...
Lino Dainese is reportedly planning to sell between 70 and 80 percent of the Italian high-tech protection company that bears his name after the summer, choosing one of the candidates for the acquisition. It will probably be a strategic investor. A business plan calls for an increase in Dainese's turnover ...
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News briefs
Giant has announced that it will invest US$50 million in...
Giant has announced that it will invest US$50 million in new corporate headquarters with research and design buildings and state-of-the-art facilities. The Taiwanese company, which is recognized as the world's largest bicycle manufacturer, said it has already gained approval for the plan from the management of the Central Taiwan Science ...
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News briefs
Polartec reported on July 4 that it filed a patent...
Polartec reported on July 4 that it filed a patent infringement complaint with the German District Court in Düsseldorf against Pontetorto and its German sales agency, Christian Weichert Internationale Textilvertretungen. In the suit, Polartec is demanding compensatory damages and an injunction to prevent the sale of the infringing products. At ...
